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My Grid / My System

  • #121
  • Jul 30, 2022 2:37pm Jul 30, 2022 2:37pm
Quoting mchl13
Hello Tony, I have downloaded your template "Mygrid v2 . tpl". clicking on the button has no effect. Thank,s
Hi
I think you might need to see
POST 4
  • #122
  • Jul 30, 2022 3:51pm Jul 30, 2022 3:51pm
Thank.s Dave

I should have read the first few posts better
  • #123
  • Edited 10:00pm Jul 30, 2022 5:11pm | Edited 10:00pm
First I would like to say your Grid is a masterpiece, brilliant and thanks for making it available for anyone who wants to better themselves in this trading game.

I'm having some confusion at this point and perhaps you can direct me on this one question....As cable finished the week with a high nearing 90, then the pullback to 50 area, then reversed upward again closing at 80, I would have drawn my chart as posted below.

My question is on your chart also posted below....why did you draw the diagonals where you drew them? I know there is a simple answer, I just have not been able to unravel it....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: My grid Tony.PNG Size: 15 KB
Click to Enlarge Name: My Grid.png Size: 12 KB
  • #124
  • Edited 5:51pm Jul 30, 2022 5:37pm | Edited 5:51pm
H mmmmmmmmmmmmm
Just highlighting measured moves ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDailya.png Size: 23 KB
  • #125
  • Edited 6:55pm Jul 31, 2022 8:09am | Edited 6:55pm
Quoting tonyb123
{quote} Good, I am providing some analysis for this pair with 50000 grid and 10000 grid. I like the sequential structure for this pair, I would put it up there with the crypto pairs. The only down is the wide moves in volatility, similar to BTC.{image}{image}
Good Morning, everyone. I recommend everyone who is following my system to keep this post in mind when deciding to trade any pair. This is what I do for every pair I am trading, though the grid will be different for pairs due to the denomination of the pair. For most pairs 1000, 500, 100 will be sufficient.

Another note worthy point to make is every pairs ABCD wave count will start at 0.0 in price, which will always be A.

Keeping the scale in mind, 10 will always be B. 0 = A - 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 = B.
IN THE PRICE SCALE / IT WILL BE #1 LEVEL IN THE INDICATOR SCALE ON THE LEFT SIDE OF THE CHART.
Look at the picture to see the example.
For this index A = 0, B = 10,000. C = 5,000, D = 15,000 for the price scale.
For the level sequence (left side of chart) it will be: A to B = 1 - 1 - 1. C to D = 1 - 1 - 1. A B C D = 1 - 1 - 1 - 1.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30IndexMonthly.png Size: 29 KB
MY GRID. Markets are NOT random.
  • #126
  • Jul 31, 2022 8:52am Jul 31, 2022 8:52am
Quoting Swede
First I would like to say your Grid is a masterpiece, brilliant and thanks for making it available for anyone who wants to better themselves in this trading game. I'm having some confusion at this point and perhaps you can direct me on this one question....As cable finished the week with a high nearing 90, then the pullback to 50 area, then reversed upward again closing at 80, I would have drawn my chart as posted below. My question is on your chart also posted below....why did you draw the diagonals where you drew them? I know there is a simple...
Hi Swede, Thanks so much for the compliment and your welcome. I hope everyone will see the benefit and become profitable or be even more profitable from my system.

So as for the confusion, you are not. I have not explained that technique in this thread yet, it is something I use with the fib retracement tool.
But can be applied with only using the trend line as I have in this example.

The level sequence is A to B = 7 - 7. The C to D = 2 - 2. Which gives the largest ABCD.
If I use the same level numbers 7 - 7 for A and B I call that a 100% A B.
In this example I did a 7 - 2 as well, the level 2 being 50% of the distance of 7 - 7. I call that a 50% A B.
The diagonal lines represent the B to C leg of the A B C D, one for the 100% A to B and the other for the 50% A to B.

If you head over to my retracement thread and take a look there are 40 examples in the first few pages using the fib retracement tool which I do incorporate with the grid.
MY GRID. Markets are NOT random.
  • #127
  • Jul 31, 2022 10:30am Jul 31, 2022 10:30am
Quoting tonyb123
{quote} Hi Swede, Thanks so much for the compliment and your welcome. I hope everyone will see the benefit and become profitable or be even more profitable from my system. So as for the confusion, you are not. I have not explained that technique in this thread yet, it is something I use with the fib retracement tool. But can be applied with only using the trend line as I have in this example. The level sequence is A to B = 7 - 7. The C to D = 2 - 2. Which gives the largest ABCD. If I use the same level numbers 7 - 7 for A and B I call that a 100%...
Yes I guessed it was a measurement using fib retrace.....that is why my chart I marked 50%. 25% and so on, but I need to understand the reasoning much better....thanks for your reply mate!
  • #128
  • Jul 31, 2022 3:07pm Jul 31, 2022 3:07pm
Quoting OAPDave
H mmmmmmmmmmmmm Just highlighting measured moves ? {image}
Warning....don't anyone try this at home...lol This is not an approved method developed by Tony but is experimental only.

Dave speaking of measured moves......I think there can be many uses for the grid that we didnt think of...for example.

1....The Great British Pound trades in an average 20 day range of 130 pips or thereabouts.

2....Gann, Murray use octaves in nearly all their calculations...the division of 8

3....If we divide the daily range by 8 and set our grid to the value of that division we would use 16 approx.

4....Now if you do the calculation from the Session high on Friday to the prior low from the session beginning...well, look at the chart...interesting hey?
It would have caught the sell off Friday very accurately. Now, there was more to the picture....being the last trading day of the month where all holders tend to square their trades that could have caused the big move, but any way you slice it the measured move was accurate...
Attached Image (click to enlarge)
Click to Enlarge Name: My Grid Measured Move.png Size: 10 KB
  • #129
  • Jul 31, 2022 3:12pm Jul 31, 2022 3:12pm
Quoting Swede
{quote} Warning....don't anyone try this at home...lol This is not an approved method developed by Tony but is experimental only. Dave speaking of measured moves......I think there can be many uses for the grid that we didnt think of...for example. 1....The Great British Pound trades in an average 20 day range of 130 pips or thereabouts. 2....Gann, Murray use octaves in nearly all their calculations...the division of 8 3....If we divide the daily range by 8 and set our grid to the value of that division we would use 16 approx. 4....Now if you do...
  • #130
  • Jul 31, 2022 3:26pm Jul 31, 2022 3:26pm
Then price totally retraced unexpectedly and where did it stall, just about the measured move....where longs where closed for the Month end..

So, for Measured Moves, something that every trader should be aware off in their daily/weekly, hourly calculations I see a really great use for this grid.
Attached Image (click to enlarge)
Click to Enlarge Name: My grid retrace and stall.png Size: 11 KB
  • #131
  • Jul 31, 2022 3:30pm Jul 31, 2022 3:30pm
Quoting Swede
{quote} Warning....don't anyone try this at home...lol This is not an approved method developed by Tony but is experimental only. Dave speaking of measured moves......I think there can be many uses for the grid that we didnt think of...for example. 1....The Great British Pound trades in an average 20 day range of 130 pips or thereabouts. 2....Gann, Murray use octaves in nearly all their calculations...the division of 8 3....If we divide the daily range by 8 and set our grid to the value of that division we would use 16 approx. 4....Now if you do...
Interesting....
MY GRID. Markets are NOT random.
  • #132
  • Jul 31, 2022 3:52pm Jul 31, 2022 3:52pm
Quoting Swede
Then price totally retraced unexpectedly and where did it stall, just about the measured move....where longs where closed for the Month end.. So, for Measured Moves, something that every trader should be aware off in their daily/weekly, hourly calculations I see a really great use for this grid. {image}
Its a traders multi purpose tool, so to speak. As you are showing there is a purpose for adjusting the grid size but I use it in a different way or rather I select the size for a different purpose. I call it going off base and it can be extremely accurate, like to the pip for weeks, months and years in advance.
But going off base in grid size can hide certain things you would like to know and mask the intention of the market makers. So, if you choose to go off base: 0-5, 1-6, 2-7, 3-8, 4-9. I would suggest having another chart on base to compare against to find a confluence or divergence.
MY GRID. Markets are NOT random.
  • #133
  • Jul 31, 2022 4:51pm Jul 31, 2022 4:51pm
https://www.forexfactory.com/thread/...5#post13436015
Think this is important
  • #134
  • Jul 31, 2022 5:13pm Jul 31, 2022 5:13pm
Quoting tonyb123
{quote} Its a traders multi purpose tool, so to speak. As you are showing there is a purpose for adjusting the grid size but I use it in a different way or rather I select the size for a different purpose. I call it going off base and it can be extremely accurate, like to the pip for weeks, months and years in advance. But going off base in grid size can hide certain things you would like to know and mask the intention of the market makers. So, if you choose to go off base: 0-5, 1-6, 2-7, 3-8, 4-9. I would suggest having another chart on base to...
As I stated....this was just a little logic applied to levels based on Octaves, pretty fundamental.....I have to do study to understand your method for certain and at this point I have not followed your logic...I can see your on to something...I just don't know what yet...lol Another thing...math has never been my strong point so it takes me more time than for most of grasp a concept based on math....
  • #135
  • Jul 31, 2022 6:40pm Jul 31, 2022 6:40pm
Quoting OAPDave
{quote} If all else fails Cheat {image}
That's how I started.
MY GRID. Markets are NOT random.
  • #136
  • Jul 31, 2022 6:45pm Jul 31, 2022 6:45pm
Quoting Swede
{quote} As I stated....this was just a little logic applied to levels based on Octaves, pretty fundamental.....I have to do study to understand your method for certain and at this point I have not followed your logic...I can see your on to something...I just don't know what yet...lol Another thing...math has never been my strong point so it takes me more time than for most of grasp a concept based on math....
You got it, just do the basics, when you fully get it then introduce your octaves. I am reading Parisboys thread myself, I believe there is something more than what you presented that can mesh price and time.
MY GRID. Markets are NOT random.
  • #137
  • Jul 31, 2022 6:47pm Jul 31, 2022 6:47pm
Quoting tonyb123
{quote} That's how I started.
Tony
Well you have come a very long way since them days with it
  • #138
  • Jul 31, 2022 6:48pm Jul 31, 2022 6:48pm
Quoting OAPDave
{quote} Never went to school much Now I feel like I am trying to study at University I see a 5 0 5 9 4 9 x 2 1 6 1 {image}
It is really important to start with pair evaluation on largest grid and work your way into the current price.

Look for a 50% A B completed ABCD and a 100% A B completed ABCD.
MY GRID. Markets are NOT random.
  • #139
  • Jul 31, 2022 6:56pm Jul 31, 2022 6:56pm
Whoever is following it would be helpful to pick a pair I have not used and plot your all time analysis like this:
Attached Image (click to enlarge)
Click to Enlarge Name: DE30IndexMonthly.png Size: 29 KB
MY GRID. Markets are NOT random.
  • #140
  • Aug 1, 2022 4:43am Aug 1, 2022 4:43am
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Click to Enlarge Name: NAS100Dailyb.png Size: 32 KB
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